2 Bed Flat, Single Let, Leeds, LS9 8FH, £140,000

Echo Central One, Leeds, LS9 8FH - 4 views - 10 months ago

Leasehold
BTL
ROI: 10%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£80K - £400K
Sold Prices/m²£1.2K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£169,400
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£895 - £4,750

Rent Estimate

£975

Running Costs/mo

£653

Cashflow/mo

£323

Cashflow/yr

£3,870

ROI

10%

Gross Yield

8%

Local Sold Prices

46 sold prices from £80K to £400K, average is £190K. £1.2K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£165K04/210.05 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.06 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£160K11/200.07 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.07 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£400K05/210.08 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£234.7K01/240.25 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£170K04/210.33 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£170K10/230.34 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£85K06/210.34 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£190K01/230.35 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£255K10/220.35 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.35 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.35 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.35 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.35 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.35 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£178K02/230.38 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.38 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.38 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.38 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£192K01/210.51 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.51 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.51 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£205K08/230.52 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£200K03/210.6 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.6 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.6 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.6 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£190K08/230.61 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.61 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£185K01/230.64 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£129.5K02/240.64 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£255K07/240.68 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.68 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.68 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.68 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£128K01/230.76 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£215K11/220.9 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.9 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.9 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.9 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£80K06/230.96 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£100K08/220.97 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.97 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£93K07/220.97 mi32, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£107K10/200.97 mi14, Admiral Street, Leeds, West Yorkshire LS11 5NG2

Local Rents

50 rents from £895/mo to £4.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30005/240 miEcho Central One2
£99512/240 mi-2
£99503/250 mi-2
£1,09503/250 mi-2
£2,80003/250 mi-2
£95005/240 miEcho Central One 2
£1,99505/240 miEcho Central One Cross Green Lane City Centre2
£1,10005/240 miEcho Central One, Cross Green Lane2
£1,10005/240 miEcho Central One 2
£2,45005/240 miFlat 47 Echo Central 1, Cross Green Lane, Leeds2
£1,02505/240.02 miCross Green Lane, Leeds2
£99502/250.03 mi-2
£89505/240.03 miEcho Central, City Centre, Leeds, LS92
£97505/240.03 miEcho Central Two, Cross Green Lane, Leeds, West Yorkshire, UK, LS92
£1,10005/240.03 miEcho Central Two, Cross Green Lane, Leeds, LS92
£2,43805/240.03 miCross Green Lane, Leeds, West Yorkshire, LS92
£2,25003/250.03 mi-2
£3,00005/240.03 mi-2
£4,50012/240.03 mi-2
£1,15005/240.03 miX1 Aire, Cross Green Lane, Leeds2
£2,29502/240.03 mi-2
£2,29505/240.03 mi-2
£2,50012/240.03 mi-2
£1,80003/250.03 mi-2
£99501/240.03 mi-2
£1,10006/240.03 miEcho Central Two, Cross Green Lane2
£1,05005/240.04 miAire, Cross Green Lane, LS92
£1,05005/240.04 miAire, Cross Green Lane, LS92
£1,10005/240.04 miAire, Cross Green Lane, LS92
£1,02505/240.04 miAire, Cross Green Lane, LS92
£1,30006/240.04 miAire, Cross Green Lane, LS92
£1,00006/240.04 miAire, Cross Green Lane, LS92
£3,00005/240.04 mi-2
£2,15005/240.04 mi-2
£4,50012/240.04 mi-2
£4,50012/240.04 mi-2
£2,25001/250.04 mi-2
£2,25003/250.04 mi-2
£97505/240.04 miAire, Cross Green Lane, Leeds, LS92
£1,30005/240.04 miAire, Cross Green Lane, Leeds, LS9 8BJ2
£1,02505/240.05 miBouverie Court, Leeds, West Yorkshire, LS92
£1,40005/240.05 miAire Lofts, Climate Innovation District2
£99505/240.05 miBouverie Court, Cross Green Lane2
£1,05005/240.05 mi-2
£3,00012/240.05 mi-2
£92503/250.05 mi-2
£4,75003/250.05 mi-2
£1,05005/240.05 miBouverie Court, Leeds, West Yorkshire, LS92
£1,05005/240.07 miEcho Central 1, Leeds, LS92
£1,05005/240.07 miEcho Central 1, Leeds, LS92

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £140,000

May 25, 2024

Description

  • Two Double Bedrooms +
  • Master With En-Suite +
  • Juliet Balcony +
  • Secure Parking +
  • Furnished +
  • Stunning City Views +
  • Available 3rd September +
  • EPC Rating: C +
  • Council Tax Band: C +

*SPACIOUS TWO DOUBLE BEDROOM/TWO BATHROOM APARTMENT WITH SECURE PARKING* A short walk from Clarence Dock and Leeds City Centre is this beautiful apartment, stylishly finished and viewing highly recommended to appreciate the high standard of living accommodation on offer. Comprising: Hallway with security intercom entry system and utility store, open plan living/kitchen/dining area with Juliet balcony offering far reaching views of Leeds, kitchen with integrated appliances, master bedroom with study area and en-suite shower room, second double bedroom and house bathroom with bath. Secure Underground Parking. Furnished, council tax band C, EPC rating C, deposit £1145. Available 3rd September 2024 early internal inspection is advised.
Hallway
Spacious entrance hall with wall mounted electric heater. Useful storage cupboard housing the boiler and plumbing for automatic washing machine.
Kitchen/Living Area
Good sized open plan living/kitchen/diner. Fitted with a range of wall & base units with work surfaces over. Circular sink with mixer tap. Integrated electric oven and hob with extractor hood over. Integrated fridge/freezer. Double doors to Juliet balcony. Wall mounted electric heater.
Bedroom 1
A good sized master bedroom with double glazed window. Wall mounted electric heater. Door to ensuite,
En-Suite Shower Room
Fitted with a modern, three piece white suite comprising shower cubicle, wc and wash hand basin. Tiled walls. Inset ceiling spotlights. Chrome heated ladder towel rail.
Bedroom 2
A good sized double bedroom with double glazed window. Wall mounted electric heater.
Bathroom
Fitted with a modern, three piece white suite comprising bath, wc and wash hand basin. Tiled walls. Inset ceiling spotlights. Chrome heated ladder towel rail.

Please note, a holding fee equivalent to one weeks rent is payable upon application. This will form part of the first months rent.
Allocated Parking

Agent Details

Adair Paxton, Leeds City Centre

0113 519 1844

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪